Investor interest is greater than ever in the rapidly-growing Rouse Hill region with CDMA Australia’s Rosella Place seeing a spike in apartments being snapped up to investors as banks slash interest rates for investors and the housing market continues to skyrocket.
Many economists are expecting a 20 per cent boom in house prices by the end of 2022 which means now is the perfect time for investors to purchase property in the apartment and off-the-plan sectors as they have retained their relative affordability while continuing to promote good return.
After lockdowns and experiencing the height of the pandemic in 2020, many families are choosing to live in more spacious apartments, with good storage, parking in areas that boast ample parks and open spaces.
Cue the opportunity to buy and live in Rouse Hill; home to an excellent array of local shopping retailers and amenities such as the expanding Rouse Hill Town Centre, the Tallawong Metro Station and new Tallawong Town Centre.
Rouse Hill is starting to experience unprecedented growth through a major infrastructure boom, helping Sydney expand beyond its traditional business hub borders and this is not slowing down anytime soon.
Confirmed new infrastructure for Rouse Hill includes a new $300 million hospital, the first university in the north-west, Norwest University and an updated, state-of-the-art $291 million Tallawong Town Centre as well as the $250 million expansion of Rouse Hill Town Centre all within the next coming years.
Buyers who fit the investor profile also have good reason to feel confident in their capital return as the area will be granted a significant amount of public infrastructure in the next coming years, as well as the rapid increase in home buyers to the area.
The northwest of Sydney is one of the fastest growing regions in Australia with the population set to soar to 250,000 within the next ten years (as reported in the Sydney Morning Herald on 1 February 2019).
Introducing Rosella Place in the heart of Rouse Hill
Named after the vibrantly coloured Australian bird which is native to the Rouse Hill area, Rosella Place offers a peaceful, safe community with 352 apartments set across five mid-rise buildings located within a short 100m walk to the newly opened, Tallawong Metro Station which offers services to major hubs such as Chatswood, Castle Hill, Norwest, Macquarie Park, Epping and the Sydney CBD every four minutes in peak hour.
Investors are attracted to Rosella Place in Rouse Hill because it promotes a sense of community spirit, is appealing to families and at the inception of dramatic growth and transformation.
CDMA Australia’s Sales and Marketing Manager, Kevin Chen is confident that Rosella Place presents as a brilliant investment opportunity with the exciting things to come to Rouse Hill in the near future.
“We have already experienced an overwhelming number of investor purchases, and this is proof of the return of investors to the market and the faith that they have in Rouse Hill’s current and future growth, as well as CDMA as the developer,” says Mr Chen.
“Within the next few years, Rouse Hill will be a rapidly growing and developing centre in Sydney’s north west, with thousands more residents who will be supported by significant local infrastructure.”
Apartments at Rosella Place start from $520,000, two-bedroom apartments $635,000 and three-bedroom apartments from $850,000. All apartments come with at least one car space.